At the outset of any new investment, APG ensures that ESG policies and performance are assessed and reviewed. All new unlisted investments are asked to fill out the annual GRESB survey and the responses are considered in detail by the Responsible Investment & Governance specialist. These results are then summarised in the mandatory and independent GRIG (Global Responsible Investment & Governance team) signoffs presented to the global Committee for Investment Proposals (CIP) prior to investment. If a manager has not participated yet, they will be required to complete a questionnaire based on GRESB as part of the Due Diligence process. In certain cases, depending on the market, nature of investment and intended level of ownership, the RI&G specialist may engage directly with management of the investment, visit sites, and incorporate views from those interaction in the signoffs.